28-04-2025
- Business
- South Wales Argus
Plaid Cymru unveils economic plan to revive Welsh economy
The plan, titled "Making Wales Work: Plaid Cymru's New Economic Plan," was launched on Monday, April 28, at Coaltown Coffee in Ammanford.
Luke Fletcher, Plaid Cymru's economy spokesperson, highlighted the plan's focus on retaining wealth within Welsh communities and fostering the growth of Welsh-owned businesses.
Mr Fletcher said, "Our plan will see wealth built, retained, and recycled in our communities instead of it leaking, and in some cases flooding, out of Wales."
The plan also aims to deliver "good jobs," revamp town centres, and improve living standards.
Key pledges in the plan include enhanced support for Welsh businesses, a strategy for energy independence, and a future-focused skills strategy.
The plan also outlines a new approach to innovation, backed by a new deal for universities, and support for community-owned businesses, social enterprises, and co-operatives.
Mr Fletcher criticised Labour's long-standing governance, stating, "After 26 years of Labour in power, wages are too low, bills are too high, and too many decent businesses are closing their doors."
He emphasised that a Plaid Cymru government would advocate for small and medium-sized Welsh businesses and strive for control over resources like the Crown Estate.
The party plans to establish a new Welsh Development Agency to boost business growth.
Mr Fletcher also criticised other parties, stating, "Labour has let Wales down, and other parties have no answers.
"Plaid Cymru has the energy, ambition, and ideas to deliver the fresh start Wales needs."
It comes after more than 6,000 people marched through Barry on the weekend, calling for Welsh independence.
The March for Independence was organised by YesCymru and AUOBCymru.
